Financial Adviser for Offshore Transmission Tender Round 11 (TR11)

OfgemcontractContracts FinderRef MT231394SME suitablecomplete
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Estimated value

£100k

Awarded value

£100k

Awarded 12 Feb 2024

Suppliers

1

Lots

1

1 awarded

Published

26 Feb 2024

Deadline 01 Jan 2024

Description

Ofgem requires support for the delivery of the OFTO tender and transaction process under Tender Round 11 (TR11). Support is required to provide technical advice on the bid evaluation process and advise on the transaction process (as necessary) once Ofgem has appointed the preferred bidder. The capabilities and skills required by the successful supplier will be an ability to: * Advise Ofgem on design, implementation and management of the tender process, ensuring necessary quality assurance measures are in place. * Provide advice and input to technical information contained in tender documentation. * Provide advice on technical aspects of bids including the evaluation of bids at EPQ and ITT stages. * Ensure that the evaluation is peer reviewed and internally moderated. * Work proactively and effectively with the financial and insurance advisers to facilitate an integrated final evaluation report. * Address uncertainties and risk in the OFTO regime where it will deliver value to consumers; and * Provide Ofgem with any technical advice necessary.

Scope

Reference
MT231394
Total value
£99,670 excluding VAT
Commercial tool
Standalone contract
Contract dates
13 Feb 2024 to 12 Feb 2027
CPV classifications
72221000 72224000 79400000 79410000 79412000
Particular suitability
Small and medium-sized enterprises (SME)

Submission & procedure

Submission deadline
01 Jan 2024, 12:00 am

Award details

Awarded supplier(s), contract period and value as published in the award notice.

Awarded value

£100k

Award date

12 Feb 2024

Contract start

13 Feb 2024

Contract end

12 Feb 2027

Awarded to